Porsche Automobil (ETR:PAH3) Trading Down 0.7% - What's Next?

Key Points

• Porsche Automobil Holding SE's stock price fell by 0.7%, trading between €35.90 and €36.12, with over 573,317 shares changing hands during the session.
• The company has a market capitalization of $11.53 billion and a P/E ratio of 3.04, indicating its current valuation within the market.
• Porsche operates under various well-known brand names, including Volkswagen, Audi, and Lamborghini, and invests in mobility and industrial technology sectors.

Porsche Automobil Holding SE (ETR:PAH3 - Get Free Report) shares were down 0.7% during mid-day trading on Wednesday . The company traded as low as €35.90 ($41.74) and last traded at €36.12 ($42.00). Approximately 573,317 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 502,739 shares. The stock had previously closed at €36.37 ($42.29).

Porsche Automobil Trading Down 1.9%

The firm has a market capitalization of $11.07 billion, a PE ratio of 2.91, a PEG ratio of 2.65 and a beta of 1.31. The stock's 50 day moving average price is €34.46 and its two-hundred day moving average price is €35.85.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.